Police Pension Agenda 2008 11-18-08
Yorkville Police Pension Fund Board
804 Game Farm Road
Yorkville, Il 60560
(630) 553-4340
5:00 PM on Nov. 18, 2008
Police Department Conference Room
Agenda
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Meeting Call to Order:
Roll Call:
Previous Meeting Minutes: Aug. 12, 2008
Communications:
Monthly Treasurer’s Report: as of 10/31/2008
Real Estate Tax Levy for Fiscal 2008-09: $300,000.00
Checks Received:
July 22, 2008: $ 22,412.78
Aug 12, 2008: $ 122,756.89
Oct 14, 2008: $ 9,278.07
Oct 14, 2008: $ 124,614.00
Total $ 279,061.74
Bills for Payment:
MVT management fees:
From Schwab #3137-9036 (Oct – Dec) $ 3,108.00
Cary Collins: Attorney (Oct, Nov, Dec) $ 600.00
Kelly Zabinski: IDOI 2008 Filing $ 1,275.00
William Powell $ 287.50
Transfer of Funds for Scott Fiandalo $ 2,487.99
Total Bills for Payment $ 7,758.49
Investments:
Progress Reports from Mitchell, Vaught, and Taylor
Money transfers from YNB to Charles Schwab & Co
Pay to: Charles Schwab & Co.
Mail to: Institutional Client Service Group
P. O. Box 628290
Orlando, Fl 32862-9906
Unfinished Business:
Fund Management Presentation by State Bank of Illinois
Pension Fund Admission Applications for
John Hunter
Behr R. Pfizenmaier
Officer Pleckham to review personnel files
IDOI Filing Status:
New Business:
Year 2009 Meeting Dates: Feb. 10, May 12, Aug. 11, Nov. 10
Revised Procedure for Early Distributions
New Officer: Christopher Hayes
House Bill 4603: Creditable Service Buyback
Municipal Public Safety Pension Reforms Act
TAX DETERMINATION LETTERS FROM THE IRS
Additional Business:
Adjournment:
2008 Meeting Dates: Tuesdays 2/12, 5/13, 8/12, 11/18 @ 5PM